Lady Lake Tables Water Capacity Agreement with Developer
Town of Lady LakeCity · Lady Lake, FL- Disclosed value
- $764,926 letter of credit; $544,201 amount owed for reserved water and sewer capacity; approximately $27,000 initial interest
- From minutes
- Document date
- Aug 17, 2026
The 30-second brief
The Town of Lady Lake tabled a proposed water and sewer capacity reservation agreement with Lake County Development Partners, LLC. The proposal involved securing $764,926 through a letter of credit for capacity valued at $544,201, with a revised agreement expected for consideration on September 9, 2026.
Lake County Development Partners LLC holds this utilities contract with Town of Lady Lake.
Term as filed: Approximately 2.5 years, with project completion estimated by the end of 2028.
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Contract details
- Contract type
- Utilities
- Amount
- $764,926 letter of credit; $544,201 amount owed for reserved water and sewer capacity; approximately $27,000 initial interest
- Document date
- August 17, 2026
- Term
- Approximately 2.5 years, with project completion estimated by the end of 2028
- Agency
- Town of Lady Lake
- Source document
- Town of Lady Lake Minutes August 17, 2026 (Minutes)
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Questions about this contract
Who was awarded the utilities contract by Town of Lady Lake?
Lake County Development Partners LLC was awarded this utilities contract by Town of Lady Lake, as recorded on August 17, 2026. The contract value is $764,926 letter of credit; $544,201 amount owed for reserved water and sewer capacity; approximately $27,000 initial interest.
How much is the Lake County Development Partners LLC contract with Town of Lady Lake worth?
The Lake County Development Partners LLC contract with Town of Lady Lake is valued at $764,926 letter of credit; $544,201 amount owed for reserved water and sewer capacity; approximately $27,000 initial interest, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Town of Lady Lake Minutes August 17, 2026 (Minutes), dated August 17, 2026 from Town of Lady Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lake County Development Partners LLC hold?
Lake County Development Partners LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Lady Lake currently buying?
Explore Town of Lady Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.